Disappointing in the short run, such censorship will simply drive people to censorship-resistant decentralized exchanges like OpenBazaar, Uniswap, and bisq. Which will benefit the industry in the long run.
"Another cryptocurrency exchange has delisted a slew of privacy coins following recent regulatory requirements from the international body the Financial Action Task Force (FATF).
According to a notice from Korea exchange Upbit, transaction support for monero (XMR), dash (DASH), zcash (ZEC), haven (XHV), bittube (TUBE), and PIVX (PIVX) will end Monday, Sept. 30.
Upbit announced its investigation of the 6 coins at the beginning of September. The exchange was determining if the privacy coins met the requirements listed by the FATF guidance issued last June.
Generally speaking, privacy coins conduct transactions on public ledgers without exposing an individual’s address or identity. Other exchanges have begun delisting the coins as well, such as Coinbase and zcash this summer in the UK or other Korean exchange OKEX dropping five privacy coins earlier this month."
https://www.coindesk.com/south-koreas-upbit-becomes-latest-exchange-to-delist-privacy-cryptocurrencies
"Another cryptocurrency exchange has delisted a slew of privacy coins following recent regulatory requirements from the international body the Financial Action Task Force (FATF).
According to a notice from Korea exchange Upbit, transaction support for monero (XMR), dash (DASH), zcash (ZEC), haven (XHV), bittube (TUBE), and PIVX (PIVX) will end Monday, Sept. 30.
Upbit announced its investigation of the 6 coins at the beginning of September. The exchange was determining if the privacy coins met the requirements listed by the FATF guidance issued last June.
Generally speaking, privacy coins conduct transactions on public ledgers without exposing an individual’s address or identity. Other exchanges have begun delisting the coins as well, such as Coinbase and zcash this summer in the UK or other Korean exchange OKEX dropping five privacy coins earlier this month."
https://www.coindesk.com/south-koreas-upbit-becomes-latest-exchange-to-delist-privacy-cryptocurrencies